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GESSX GE RSP U.S. Equity

  • Fund
  • GESSX
  • Price as of: May 19, 2017
  • $53.50
  • + $0.30
  • + 0.56%
  • Category
  • Large Cap Growth Equities

GESSX - Profile

Vitals

  • YTD Return 8.6%
  • 3 Yr Annualized Return 9.4%
  • 5 Yr Annualized Return 13.1%
  • Net Assets $5.22 B
  • Holdings in Top 10 27.4%

52 WEEK LOW AND HIGH

$53.50
$45.68
$54.16

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.16%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 38.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

$0

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 8.6%
  • 3 Yr Annualized Total Return 9.4%
  • 5 Yr Annualized Total Return 13.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.79%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name GE RSP U.S. Equity Fund
  • Fund Family Name GE Asset Management
  • Inception Date Apr 22, 1959
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager David B. Carlson

GESSX - Performance

Return Ranking - Trailing

Period GESSX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.6% -97.0% 26.0% 64.47% 4
1 Yr 20.1% -52.0% 164.2% 18.52% 1
3 Yr 9.4% * -24.7% 30.2% 55.80% 3
5 Yr 13.1% * -13.0% 17.9% 29.15% 2
10 Yr 7.2% * -9.9% 12.3% 55.12% 3

* Annualized


Return Ranking - Calendar

Period GESSX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 3.5% -56.6% 121.2% 22.04% 2
2015 -12.4% -40.3% 11.4% 83.29% 5
2014 -0.8% -30.1% 42.9% 57.53% 4
2013 23.2% -11.8% 56.4% 65.70% 4
2012 14.6% -21.6% 29.1% 42.68% 3

Total Return Ranking - Trailing

Period GESSX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.6% -97.0% 26.0% 64.46% 4
1 Yr 20.1% -71.3% 2606.2% 14.87% 1
3 Yr 9.4% * -21.9% 50.2% 49.05% 3
5 Yr 13.1% * -0.2% 60.9% 25.61% 2
10 Yr 7.2% * -0.6% 32.0% 51.68% 3

* Annualized


Total Return Ranking - Calendar

Period GESSX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 3.5% -56.6% 126.1% 24.90% 2
2015 -2.1% -17.8% 28.8% 85.34% 5
2014 17.7% -10.0% 382.6% 12.08% 1
2013 60.6% -2.9% 615.0% 16.85% 1
2012 38.6% -100.0% 357.8% 13.36% 1

NAV & Total Return History

GESSX - Holdings

Filings data as of: Apr 30, 2017

Concentration Analysis

GESSX Category Low Category High GESSX % Rank Quintile
Net Assets 5.22 B 373 K 159 B 3.86% 1
Number of Holdings 130 1 2232 5.85% 2
Net Assets in Top 10 1.43 B 0 39.5 B 4.43% 1
Weighting of Top 10 27.4% 0.0% 150.9% 24.49% 5

Top 10 Holdings

  1. Apple Inc 3.82%
  2. Allergan PLC 2.44%
  3. PepsiCo Inc 2.54%
  4. Microsoft Corp 3.23%
  5. JPMorgan Chase & Co 2.86%
  6. Amazon.com Inc 2.48%
  7. Visa Inc Class A 2.66%
  8. Facebook Inc A 2.40%
  9. Pfizer Inc 2.59%
  10. Alphabet Inc A 2.35%

Asset Allocation

Weighting Category Low Category High GESSX % Rank Quintile
Stocks
97.88% 0.00% 110.07% 10.28% 3
Cash
2.12% -10.07% 100.00% 11.63% 2
Preferred Stocks
0.00% 0.00% 7.68% 2.19% 4
Other
0.00% -1.98% 24.55% 6.36% 4
Convertible Bonds
0.00% 0.00% 3.34% 0.71% 4
Bonds
0.00% -0.10% 77.26% 3.34% 4

Stock Sector Breakdown

Weighting Category Low Category High GESSX % Rank Quintile
Technology
20.96% -1.29% 52.31% 21.92% 4
Financial Services
17.89% -2.38% 34.92% 6.23% 1
Healthcare
16.14% -1.03% 96.31% 10.54% 2
Consumer Cyclical
11.59% -2.22% 42.19% 22.56% 5
Consumer Defense
8.13% -1.43% 23.86% 10.22% 2
Industrials
7.33% -0.37% 26.15% 19.99% 4
Energy
6.28% -1.24% 16.19% 5.08% 1
Communication Services
4.74% 0.00% 13.67% 4.88% 1
Utilities
2.75% -1.48% 8.22% 2.63% 1
Basic Materials
2.07% -1.18% 13.41% 14.40% 3
Real Estate
0.00% -0.03% 12.80% 14.65% 5

Stock Geographic Breakdown

Weighting Category Low Category High GESSX % Rank Quintile
US
96.19% 0.00% 110.07% 7.13% 2
Non US
1.69% 0.00% 90.52% 20.57% 4

GESSX - Expenses

Operational Fees

GESSX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.16% 0.00% 24.91% 17.49% 1
Management Fee 0.12% 0.00% 1.50% 5.40% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 1.00% N/A N/A

Sales Fees

GESSX Fees (% of AUM) Category Low Category High GESSX Rank Quintile
Front Load N/A 1.50% 8.50% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

GESSX Fees (% of AUM) Category Low Category High GESSX Rank Quintile
Max Redemption Fee N/A 0.05% 5.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GESSX Fees (% of AUM) Category Low Category High GESSX Rank Quintile
Turnover 38.00% 0.00% 601.00% 10.10% 2

GESSX - Distributions

Dividend Yield Analysis

GESSX Category Low Category High GESSX % Rank Quintile
Dividend Yield 0.9% 0.00% 2.85% 1.30% 1

Dividend Distribution Analysis

GESSX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

GESSX Category Low Category High GESSX % Rank Quintile
Net Income Ratio 1.79% -7.69% 3.70% 1.09% 1

Capital Gain Distribution Analysis

GESSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

GESSX - Managers

David B. Carlson

Manager

Start Date

May 31, 2011

Tenure

5.92

Tenure Rank

7.5%

David Carlson is a Senior Managing Director of State Street Global Advisors, a division of State Street Bank and Trust Company, (“SSGA”) and Portfolio Manager and Chief Investment Officer for the Fundamental U.S. Equity team. Mr. Carlson joined SSGA through its acquisition of GE Asset Management Incorporated (“GEAM”) in July 2016. Mr. Carlson joined GEAM in 1982 as an equity analyst on the US Equity team. While at GEAM, Mr. Carlson has held a variety of positions in US Equities including industry analyst, generalist, portfolio manager and CIO of US Equities.


Thomas R. Lincoln

Manager

Start Date

Jan 27, 2017

Tenure

0.25

Tenure Rank

13.0%

Tom Lincoln is a Managing Director at SSGA and Head of Fundamental Equity Research. He is responsible for leading a team of global sector and regional equity analysts supporting US, International Developed, and Emerging Market strategies. Mr. Lincoln joined SSGA in July 2016 through its acquisition of GEAM. He joined General Electric Company in 1990 as part of their Financial Management Program (FMP). Mr. Lincoln began his career in the investment industry with GEAM in 1993, and most recently was their Director of Research (DOR) for global equities. During the previous two decades Mr. Lincoln also held investment roles as an Equity Research Analyst managing sector portfolios, as well as a Senior Portfolio Manager running a large cap growth strategy. Mr. Lincoln graduated from Boston University with a BS in Finance and Operations Management. He is also a holder of the Chartered Financial Analyst designation, and a member of the New York Society of Security Analysts.


Chris Sierakowski

Manager

Start Date

Jan 27, 2017

Tenure

0.25

Tenure Rank

13.0%

Chris Sierakowski is a Vice President at SSGA and a Portfolio Manager in the Fundamental Equity Group. He is responsible for investment management and research. Mr. Sierakowski joined SSGA in July 2016 through its acquisition of GEAM. While at GEAM, Mr. Sierakowski ran a diversified U.S. Core Equity portfolio. He began his investment career at GEAM in 1999 as an equity research analyst. While at GEAM, Mr. Sierakowski held a series of portfolio management and analyst roles including industry coverage for the software, computer hardware, business services, semiconductors and payments industries. He also managed a Technology sector portfolio and acted as global Tech, Media and Telecom sector leader. Prior to GEAM, Mr. Sierakowski spent several years in IT consulting and as an officer in the U.S. Army. Mr. Sierakowski has a BS in Economics from the United States Military Academy and an MBA in Finance, Strategy, and Accounting from the University of Chicago Booth School of Business. He earned the Chartered Financial Analyst designation and has been a member of the CFA Institute since 2002.


Tenure Analysis

Category Low

0.0

Category High

49.4

Category Average

7.37

Category Mode

2.3